Why does the recovery show so little inflation?
Poglobljena analiza
15-02-2018
We investigate the determinants of inflation in the euro area since 2000 and show that the most important determinants are inflation expectations and wage growth. Both indicators have contributed negatively to inflation since 2014 but inflation expectations less so since 2015 whereas the contribution of wage growth has remained negative. We suggest that structural reforms may have put a drag on the ability of the ECB to reach its inflation target rapidly.
Poglobljena analiza
Zunanji avtor
Christophe BLOT, Jérôme CREEL, Paul HUBERT, OFCE (Sciences Po)
O dokumentu
Vrsta publikacije
Ključna beseda
- brezposelnost
- denarni odnosi
- denarno poslovanje
- določanje plač
- ekonomska analiza
- ekonomske analize
- enotna monetarna politika
- euroobmočje
- Evropska centralna banka
- EVROPSKA UNIJA
- FINANCE
- gospodarska rast
- gospodarske razmere
- GOSPODARSTVO
- inflacija
- institucije EU in evropska javna uprava
- kadrovske zadeve in nagrajevanje
- okrevanje gospodarstva
- statistika EU
- trg dela
- trg dela
- zaposlovanje
- ZAPOSLOVANJE IN DELOVNE RAZMERE